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Thread: Economic, taxes, and tariffs discussion

  1. #621
    Big Leaguer frae's Avatar
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    Quote Originally Posted by onejayhawk View Post
    No it isn't. It is assumed without any factual justification. That's the article. Ed hasn't explained his reasoning either.

    J
    You asked Ed to explain why he assumes it, the article lists reasons I assume it. We can't get into Trump's head and Mexico isn't going to actually tell us what they really thought. The article just lays out what I see as a logical conclusion to what happened. Trump made an idle threat and Mexico knew it.

  2. #622
    All Star DMT's Avatar
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    Quote Originally Posted by onejayhawk View Post
    No it isn't. It is assumed without any factual justification. That's the article. Ed hasn't explained his reasoning either.

    J
    The factual justification is in the result. Seriously, you're grasping, even by your weak standards.
    If DMT didn't exist we would have to invent it. There has to be a weirdest thing. Once we have the concept weird, there has to be a weirdest thing. And DMT is simply it.
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  3. #623
    Quote Originally Posted by frae View Post
    You asked Ed to explain why he assumes it, the article lists reasons I assume it. We can't get into Trump's head and Mexico isn't going to actually tell us what they really thought. The article just lays out what I see as a logical conclusion to what happened. Trump made an idle threat and Mexico knew it.
    The article lists no reasons I can see for the assumption that the tariff is an empty threat. Feel free to point it out but all I see is a statement that Trump could not be serious.

    Ed's reasoning is still a mystery.

    Quote Originally Posted by DMT View Post
    The factual justification is in the result. Seriously, you're grasping, even by your weak standards.
    You are saying the factual justification is that it worked. It's nice of you to give Trump credit, but it undermines your logic. It seems the Mexicans do not share your belief that the threat was empty.

    You were saying about weak logic?

    J
    Ad Astra per Aspera

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  4. #624
    Administrator revo's Avatar
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    Quote Originally Posted by onejayhawk View Post
    The article lists no reasons I can see for the assumption that the tariff is an empty threat. Feel free to point it out but all I see is a statement that Trump could not be serious.

    Ed's reasoning is still a mystery.
    J
    Cue the canned OneJay response: Huh?

    The Mexicans KNEW Trump couldn't go through with his threat because it would have led to an even bigger disaster than the current China Trade War. But they allowed Dopey to save face in order to keep the status quo and gave him an out, and that out was making public the prior agreement, which included this National Guard force to patrol their southern border, so it would look like he actually did get something. But uh oh, the NY Times reported that this had already been negotiated! Whoops! When Dopey pressed for more, they balked.

    What part of this are you not getting?

  5. #625
    Administrator revo's Avatar
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    Trade Wars, oooh yeah
    what are they good for
    absolutely nothin
    say it again


    Let's have India join in, why not? Could devastate our almond and walnut industry, but who really cares, amiright?

    NEW DELHI, June 14 (Reuters) - India is preparing to impose higher tariffs on some U.S. goods including almonds, walnuts and apples next week after a delay of about a year, two sources said, following Washington's withdrawal of key trade privileges for New Delhi.

    From June 5, President Donald Trump scrapped trade privileges under the Generalized System of Preferences (GSP) for India, the biggest beneficiary of a scheme that allowed duty-free exports of up to $5.6 billion from the country.

    India is now looking at adopting the higher tariffs, the sources with direct knowledge of the matter said, although the U.S. has warned that any retaliatory tariffs by India would not be "appropriate" under WTO rules.

    "What India is doing is legal and the tariffs on U.S. goods will only lead to an impact of around $220 million," one of the sources said, declining to be identified because of the sensitivity of the matter.

    India's Ministry of Commerce and Industry did not respond to an email from Reuters to seek comments.

    India initially issued an order in June last year to raise import taxes as high as 120% on a slew of U.S. items, incensed by Washington's refusal to exempt New Delhi from higher steel and aluminium tariffs. (https://reut.rs/2RfD9Rg)

    But New Delhi repeatedly delayed raising tariffs as the two nations engaged in trade talks. Trade between them stood at about $142.1 billion in 2018.

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